List of Ugandans by net worth explained

The per capita income in Uganda in 1999 was approximately US$650 annually.[1] In 2013, an estimated 19.5 percent of the 35 million Ugandans lived on less than US$1.00 per day.[1] [2]

Compiled here is a list of individuals in Uganda whose accumulated assets are known to be markedly above the rest of the individuals in the country. The list is not exhaustive, and net worth values are hard to determine.[3]

The names are arranged alphabetically, using the first name to select rank.

NameNet worthResidencesource of wealth
Alykhan Karmali[4] 700 million (2012) Kampala Mukwano Group, agribusiness, food processing, manufacturing, banking, real estate[5]
Amos Nzeyi[6] 250 Million Kampala Real estate, banking, bottling, bakery, hotels
Anatoli Kamugisha[7] 77 million (2023)[8] Real Estate
Andrew Rugasira[9] 10 million (2012) Kampala Good African Coffee, Rwenzori Coffee, investments
Bob Kabonero[10] 250 million (2019) Kampala investments, casino, real estate[11]
Bulaimu Muwanga Kibirige[12] Kampala Hotels, real estate, construction equipment, foreign exchange bureaus
Charles Hamya[13] Kampala Satellite Television, Real Estate
Charles Mbire[14] 600 million (2021) Telecommunications, banking, pharmaceuticals, fish farming, investments, power generation
Charles Mugerwa[15] 15 million Kampala In-line print services, real estate
Drake Lubega[16] Kololo Real estate
Elvis Sekyanzi[17] 8 million (2012)[18] Kampala Entertainment, broadcasting, nightclubs, mineral water
Godfrey Kirumira[19] 30 million (2012) Muyenga Real estate, hotels, schools, transportation, international trade, security guards
Gordon Wavamunno[20] 100+ million (2012) Automobile dealerships, broadcasting, real estate, insurance, dairy farming, mineral water
Isaac Mulindwa Jr.[21] Construction,[22] Entertainment, Broadcasting, Makinawa University[23]
Hamis Kiggundu1.02 billion (2024)[24] Kampala[25] Ham Group, Real Estate, Hospitality, International trade,[26] Agro-processing, Logistics
Hassan Basajjabalaba[27] Kampala Universities, schools, real estate, animal skins and hides, hospitality.
15 million (2014)[28] University, hospitals, real estate, healthcare, health insurance, ambulances, hotels
Ibrahim Kironde Kabanda[29] 5+ million (2015) Kampala Investments, real estate
Karim Hirji[30] 700+ million (2015) Kampala Dembe Group of Companies
James Isabirye Mugoya[31] [32] Kampala Real estate, construction, investments
James Mulwana Family[33] 30 million (2013)[34] Kampala Dairy farming, plastics, manufacturing, horticulture, real estate
James Nyakuni[35] Transportation, real estate[36] 10 million (2012) Kampala Jomayi Property Consultants,[37] real estate, construction
Madhvani Family~1 billion Kakira Madhvani Group
Martin Aliker[38] Kampala Dental surgery, investments
Martin Drito[39] Kampala Mining, timber, logging
Miraj Barot[40] 15 million (2012) Kampala Real estate, construction, agribusiness, steel
Mohammed Alibhai[41] Kampala Bodyguards, security guards, investments
Mohammed Hamid[42] [43] ~1 billion (2019)[44] Kampala Hotels, flour milling, transportation, international trade, bakery, mining
Mukesh Shukla[45] 100+ million (2012) Kampala Shumuk Group of companies, real estate, aluminum recycling, hotels
Patrick Bitature[46] 100 million (2024) Kampala Telecommunications, electricity generation, banking, insurance, hotels, resorts, ranching, real estate[47]
Ponsiano Ngabirano[48] 20 million (2012) Kampala Capital Shoppers Supermarkets
Robina Bwita[49] Fort Portal Hotels
Sam Otada[50] Transportation, construction, telecommunications, real estate
Sarah Nabukalu Kiyimba[51] Hotels, real estate[52] $5 millionHotels, schools, real estate
Sudhir Ruparelia1.2 billion (2019)[53] Kampala Ruparelia Group

See also

External links

Notes and References

  1. Web site: 2013 Uganda GNI Per Capita . . 1 June 2015 . 2014 . The World Bank.
  2. Web site: Uganda Demographics Profile 2013 . 2013 . Indexmundi.com . 17 April 2014.
  3. Web site: The Deepest Pockets . 6 January 2012 . 8 November 2014 . Michael . Kanaabi . Ssebidde . Kiryowa . . Kampala.
  4. Web site: Mulis Alykhan Karmali Enters Into Shs se Billion Deal for Construction of Acacia Mall, Kampala . Blog . Ismailmail . 4 November 2011 . 17 April 2014.
  5. Web site: Five Ugandan Multi-Millionaires You Should Know . Forbes Africa Magazine . Mfonobong . Nsehe . 11 June 2012 . 17 April 2014.
  6. Web site: 15 April 2013 . PepsiCo Chief Visits Uganda . 13 November 2014 . The Observer, Uganda (Kampala).
  7. Web site: 5 March 2014 . Real Electronics and automotives . . Faridah Kulabako . 29 May 2020 . Kampala.
  8. Web site: The Deepest Pockets . . 6 January 2012 . Michael Kanaabi and Ssebidde Kiryowa . 29 May 2020 . Kampala.
  9. Web site: Andrew Rugasira: Can Coffee Transform Lives In Africa? . Tim . Adams . 17 February 2013 . 11 November 2014 . The Guardian (London).
  10. Web site: 13 November 2014 . A Pillar In Her Community . Perez . Rumanzi . 10 March 2013 . Daily Monitor (Kampala).
  11. Web site: 3 February 2016 . 3 February 2016 . Kabonero has no shares in Kampala Casino - defendant . Anthony . Wekesa . . Kampala.
  12. Web site: Tycoon BMK In USh112 Million (US$46 Million) Rent Row . 15 March 2014 . 11 November 2014 . Andante . Okanya . New Vision (Kampala).
  13. Web site: Executive Pay: Unveiling Uganda's Eight-Figure Executives . 7 September 2012 . . Te CEO Magazine . 19 Jun 2020 . Kampala . https://web.archive.org/web/20160304081629/http://docs.mak.ac.ug/sites/default/files/CEOmagSalaries_0.pdf . 4 March 2016 . Archived from the original on 4 March 2016.
  14. Web site: MTN's Charles Mbire named richest Indigenous Ugandan in latest survey . 23 June 2012 . 14 November 2014 . Brian . Magoba . Daily Monitor (Kampala).
  15. Web site: How Mugerwa made his mark in printing business. 2021-01-06. Daily Monitor. 3 January 2021 . en.
  16. Web site: Till Death Threats Do Us Part . New Vision . 1 June 2012 . 17 April 2014 . Elizabeth . Namazzi.
  17. Web site: Sekyanzi Opens Club Silk In London . 21 August 2014 . 9 November 2014 . New Vision (Kampala).
  18. Web site: In 2012, Elvis Sekyazi's Net Worth Was Estimated At About US$12 Million . 6 January 2012 . 7 December 2014 . Kansabi . Michael . Ssebidde . Kiryowa . . Kampala.
  19. Web site: 13 November 2014 . Tycoon Kirumira Collapses Under Police Questioning . 9 August 2012 . Benon . Tugumisirize . Zurah . Nakabugo . The Observer, Uganda (Kampala).
  20. Web site: 14 November 2014 . Wavamunno Tells His Entrepreneurial Journey . 30 October 2012 . Matsiko . Kahunga . Daily Monitor (Kampala).
  21. Web site: . Who Are the Richest People in Uganda? . 9 April 2007 . . Kampala . 14 March 2016.
  22. Web site: A mission to keep time . 14 March 2016 . 30 October 2003 . Elizabeth . Agiro . . Kampala.
  23. Web site: 14 March 2016 . 4 December 2015 . Four One One . Isaac Mulindwa, dad partner with Indian tycoon to set up university . Sqoop.co.ug . Kampala.
  24. Web site: LIST: Unveiling Uganda's wealthiest moguls in 2024 as Sudhir retains top spot. . How We Biz Uganda . April 2024 . Gee Mukama . 7 April 2024 . Kampala.
  25. Web site: Pictorial: Tycoon Hamis Kiggundu's Residence Very Safe And Not Flooded As Alleged . 22 April 2020 . The Uganda Times . The Uganda Times. 19 June 2020 . Uganda.
  26. Web site: About Ham Group of Companies . Ham Enterprises Uganda . 19 June 2020 . Ham Enterprises Uganda . 19 June 2020 . Kampala.
  27. Web site: 26 August 2012 . Who Is Who In Bushenyi's Rich Club? . Wilber . Muhwezi . 14 November 2014 . The Observer, Uganda (Kampala).
  28. Web site: 18 March 2015 . 12 January 2014 . NRM War, Corruption And Incompetence Have Helped Dr. Ian Clarke "Busulwa" . Alan . Tacca . Daily Monitor (Kampala).
  29. Web site: 3 June 2015 . Sudhir, Bitature Ranked Top Earners From Stock Exchange . 3 June 2015 . Muhumuza . Mark Keith . Daily Monitor (Kampala).
  30. Web site: 3 June 2015 . Richest Man in Uganda and their networth . 3 June 2015 . Muhumuza . Mark Keith . Daily Monitor (Kampala).
  31. Web site: Mugoya's KSh342 Million Award And The Art of Cowboy Contracting. 24 March 2014 . Jaindi . Kisero . 13 November 2014 . The EastAfrican (Nairobi) .
  32. Web site: NSSF In Secret Deal To Pay Off Mugoya . 24 July 2011 . 13 November 2014 . Chris . Obore . Daily Monitor Mobile (Kampala).
  33. Web site: 16 January 2013 . 13 December 2014 . Daily Monitor (Kampala) . Renowned Businessman James Mulwana Is Dead. Dorothy . Nakaweesi . Ismail Musa . Ladu .
  34. Web site: James Mulwana 1936-2013: At The Time of Death, His Net Worth Was Valued At About US$30 Million . 19 January 2013 . Aloysious . Kasoma . Peter . Nyanzi . Joan . Akello . 13 December 2014 . . dead . https://web.archive.org/web/20150403040704/http://www.independent.co.ug/cover-story/7267-james-mulwana-1936-2013 . 3 April 2015.
  35. Web site: 12 November 2014 . Location Gives Arua An Edge In Business . 30 September 2013 . Felix . Warom . Clement . Aluma . Daily Monitor (Kampala).
  36. Web site: Jomayi Cuts Land Prices . 21 December 2011 . Abu-Baker . Mulumba . 9 November 2014 . The Observer (Uganda).
  37. Web site: Court Issues Arrest Warrant for Jomayi Boss . 9 November 2014 . 9 November 2014 . Andante . Okanya . New Vision (Kampala).
  38. Web site: 14 November 2014 . The Many Tales of Martin Aliker's Home . 24 April 2013 . Jonathan . Adengo . Daily Monitor (Kampala).
  39. Web site: Who Are The Richest People In Uganda? . 9 April 2007 . 8 December 2014 . Timothy . Bukumunhe . New Vision (Kampala) via Cloud-Computing.Tmcnet.com Quoting Thomson Dialog NewsEdge.
  40. Web site: . Miraj Barot Also Known As Tirupati . 14 January 2012 . 9 November 2014 . Stephen . Bwire . dead . https://web.archive.org/web/20141109161108/http://www.independent.co.ug/society/society/5098-miraj-barot-aka-tirupati . 9 November 2014 .
  41. Web site: 14 November 2014 . Police To Crack Down On Indiscipline Among Private Security Companies . 20 June 2009 . Tom . Malaba . Uganda Radio Network (URN).
  42. Web site: 29 April 2012. Juggled Business and Books At Eight Years. 10 February 2016. Kampala. New Vision.
  43. Web site: Nsehe. Mfonobong. 7 February 2015. Meet Mohammed Hamid, The $200 Million Milling Tycoon Of Uganda. https://web.archive.org/web/20150207233241/http://www.forbes.com/sites/mfonobongnsehe/2015/02/07/meet-mohammed-hamid-the-200-million-milling-tycoon-of-uganda/. dead. 7 February 2015. 11 July 2015. Forbes.com.
  44. Web site: 29 April 2012. Mohammed Hamid the Hilton Hotel Uganda Owner: From a street vendor to a billionaire. 10 February 2016. Africa Uganda Business Travel Guide (AUBTGC) Quoting New Vision. Kampala.
  45. Web site: Battle for Shumuk House Rages On . 7 August 2012 . Siraje . Lubwama . 17 April 2014 . The Observer (Uganda).
  46. Web site: 14 November 2014 . Bitature 'Milks' Cash From High - Breed Animals . 21 January 2014 . Ismail Musa . Ladu . Daily Monitor (Kampala).
  47. Web site: Local Firm Negotiates Shs28 Billion Property Development Deal . 22 December 2014 . Ismail Musa . Ladu . 22 December 2014 . Daily Monitor (Kampala).
  48. Web site: Local Supermarkets Vie for Market Share . 13 July 2014 . 9 November 2014 . Julius . Businge . The Independent (Uganda).
  49. Web site: 12 November 2014 . Fort Portal And Kampala Experiment With New Solid Waste Management Systems . 21 March 2009 . Kajubu . Emmanuel . Robert . Kalema . Uganda Radio Network (URN).
  50. Web site: How Sam Otada Inherited And Grew The Family Business . 17 September 2013 . Charles Mwanguhya . Mpagi . 9 November 2014 . Daily Monitor (Kampala).
  51. Web site: My Husband's Death Woke Me To The Realities of Life . 1 June 2012 . 10 November 2014 . Robert . Kasozi . New Vision (Kampala).
  52. Web site: 10 November 2014 . The Maize Seeds That Sprouted Iganga's Mwaana Empire . 8 June 2013 . Isaac . Baligema . . Kampala.
  53. Web site: Forbes Releases 2019 List Of Top 10 Richest People In Uganda And Their Net Worth, Sudhir Still On Top! . Spyuganda.com . . 15 May 2019 . Andrew Irumba . 22 February 2020 . Kampala.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "List of Ugandans by net worth".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2025, A B Cryer, All Rights Reserved. Cookie policy.